Sequoia Financial Advisors LLC Increases Stock Position in Ecolab Inc. $ECL

Sequoia Financial Advisors LLC raised its position in Ecolab Inc. (NYSE:ECLFree Report) by 29.3% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 10,345 shares of the basic materials company’s stock after buying an additional 2,342 shares during the period. Sequoia Financial Advisors LLC’s holdings in Ecolab were worth $2,752,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of ECL. Turtle Creek Wealth Advisors LLC increased its stake in shares of Ecolab by 3.6% in the 4th quarter. Turtle Creek Wealth Advisors LLC now owns 1,028 shares of the basic materials company’s stock valued at $270,000 after purchasing an additional 36 shares in the last quarter. HBK Sorce Advisory LLC boosted its position in Ecolab by 2.7% during the fourth quarter. HBK Sorce Advisory LLC now owns 1,362 shares of the basic materials company’s stock worth $395,000 after purchasing an additional 36 shares in the last quarter. Steigerwald Gordon & Koch Inc. grew its holdings in Ecolab by 22.0% in the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 211 shares of the basic materials company’s stock valued at $55,000 after purchasing an additional 38 shares during the period. Addison Advisors LLC grew its holdings in Ecolab by 5.2% in the fourth quarter. Addison Advisors LLC now owns 764 shares of the basic materials company’s stock valued at $201,000 after purchasing an additional 38 shares during the period. Finally, CYBER HORNET ETFs LLC increased its position in shares of Ecolab by 5.5% in the fourth quarter. CYBER HORNET ETFs LLC now owns 730 shares of the basic materials company’s stock valued at $192,000 after buying an additional 38 shares in the last quarter. Institutional investors and hedge funds own 74.91% of the company’s stock.

Insider Activity

In related news, COO Darrell R. Brown sold 10,000 shares of the company’s stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $260.89, for a total transaction of $2,608,900.00. Following the completion of the sale, the chief operating officer owned 32,733 shares of the company’s stock, valued at approximately $8,539,712.37. This represents a 23.40% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director David Maclennan acquired 1,000 shares of the business’s stock in a transaction on Wednesday, May 13th. The stock was acquired at an average price of $250.65 per share, with a total value of $250,650.00. Following the acquisition, the director owned 25,230 shares in the company, valued at $6,323,899.50. The trade was a 4.13% increase in their position. The SEC filing for this purchase provides additional information. Insiders acquired a total of 10,550 shares of company stock valued at $2,719,508 in the last ninety days. 0.50% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

ECL has been the topic of a number of recent analyst reports. Wells Fargo & Company increased their target price on Ecolab from $260.00 to $275.00 and gave the company an “equal weight” rating in a research report on Wednesday, June 10th. Bank of America boosted their price target on shares of Ecolab from $337.00 to $345.00 and gave the stock a “buy” rating in a report on Tuesday, April 21st. Weiss Ratings downgraded shares of Ecolab from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, May 20th. UBS Group upgraded shares of Ecolab from a “neutral” rating to a “buy” rating and lifted their target price for the company from $293.00 to $325.00 in a research report on Wednesday, May 27th. Finally, Citigroup boosted their target price on shares of Ecolab from $325.00 to $330.00 and gave the stock a “buy” rating in a research note on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $324.29.

Read Our Latest Analysis on ECL

Ecolab Stock Down 0.7%

Shares of ECL opened at $269.95 on Wednesday. The stock has a 50 day moving average price of $264.09 and a 200 day moving average price of $272.93. Ecolab Inc. has a one year low of $243.15 and a one year high of $309.27. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.73 and a current ratio of 0.99. The stock has a market capitalization of $75.98 billion, a price-to-earnings ratio of 36.53, a PEG ratio of 2.38 and a beta of 0.89.

Ecolab (NYSE:ECLGet Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The basic materials company reported $1.70 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.70. Ecolab had a return on equity of 22.64% and a net margin of 12.80%.The company had revenue of $4.07 billion for the quarter, compared to analyst estimates of $4.03 billion. During the same quarter last year, the firm posted $1.50 EPS. The firm’s revenue for the quarter was up 10.0% on a year-over-year basis. Ecolab has set its FY 2026 guidance at 8.430-8.630 EPS and its Q2 2026 guidance at 2.020-2.120 EPS. Equities research analysts forecast that Ecolab Inc. will post 8.15 earnings per share for the current fiscal year.

Ecolab Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 16th will be paid a $0.73 dividend. This represents a $2.92 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Tuesday, June 16th. Ecolab’s dividend payout ratio (DPR) is currently 39.51%.

Ecolab Company Profile

(Free Report)

Ecolab, Inc is a global provider of water, hygiene and infection prevention solutions and services. The company develops and supplies cleaning and sanitizing chemicals, dispensing equipment, water-treatment systems, pest elimination services and related technologies designed to help businesses maintain clean, safe and efficient operations. Its offerings span both products and onsite services, often paired with technical support and training.

Ecolab serves a broad range of end markets including hospitality and foodservice, food and beverage processing, healthcare, manufacturing and industrial operations, and energy and utilities.

See Also

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Institutional Ownership by Quarter for Ecolab (NYSE:ECL)

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